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Mortgage Protection Insurance Tampa FL – Mortgage Protection Basics – (813) 805-8850 What is mortgage life insurance? mortgage life insurance (or mortgage protection insurance), is meant to repay your mortgage if you were to die, or depending on the carrier, become disabled and can no longer make your payments. This type of life insurance benefits you as a homeowner by paying off your home mortgage in full.
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Mortgage payment protection insurance – Redundancy Insurance. What is mortgage protection insurance? mortgage Protection insurance is an insurance policy that will cover your mortgage repayments if you as a PAYE employee are unable to work and remain so for 30 days or more due to an accident, sickness or from being made redundant.
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For most part, homeowners’ mortgage is the single largest source of personal debt. mortgage protection insurance is a specialized life insurance policy designed to pay off that debt in the event of your death. Mortgage protection insurance eases the financial burden of your loved ones.
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